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Freddie Mac Reports Small Changes in Mortgage Rates

The results of Freddie Mac’s Primary Mortgage Market Survey are showing that the 30-year fixed-rate mortgage (FRM) averaged 2.80 percent. “As the economy works to...

Home Sale Profits Remain High with Unusual Fall in Q2 2021

ATTOM’s Q2 2021 U.S. Home Sales Report shows that profit margins for home sellers took an unusual dip in the second quarter but still...

Credit Applications Mostly Up to Pre-Pandemic Levels

The Consumer Financial Protection Bureau has published an issue brief showing that consumer applications for new mortgages, auto loans and revolving credit cards had...

House Price Index Up 18 Percent from Last Year

House prices rose nationwide in May, up 1.7 percent from the previous month, according to the Federal Housing Finance Agency’s (FHFA) latest House Price...

Home Prices in May Saw Largest Annual Increase in More Than 30 Years

U.S. home prices in May increased 1.7% on an adjusted basis compared with April and were up a whopping 16.6% compared with May 2020,...

Affordability Declined for Third Consecutive Month

The chief economist’s analysis of First American Financial Corporation’s May 2021 First American Real House Price Index (RHPI) shows record nominal house price appreciation...

Midyear Multifamily Outlook Forecasts Return to Pre-Pandemic Trends

With demand for multifamily housing now exceeding pre-pandemic levels, Freddie Mac Multifamily’s midyear outlook is projecting rising rents, falling vacancies and a record-setting origination...

Redfin: Housing Supply Side Is Beginning to Show Some Strengthening

According to a new report from Redfin, housing supply is gradually gaining momentum as the number of homes for sale begins to increase and...

Existing-Home Sales Increased in June

After decreasing for four consecutive months, existing-home sales increased 1.4% in June compared with May and were up 22.9% compared with May 2020 according...

Report: Short Commute Isn’t as Important to Home Buyers These Days

Home values within a short commute of the country's biggest downtown job centers are growing more slowly than those farther out, a new analysis...

Applications for New Home Purchases Plummet Because There Are Fewer New Homes to Buy

Applications for mortgages for new home purchases dropped 3% in May compared with April and were down 23.8% compared with May 2020, due to...
housing

Zillow Reports Notable Recovery in Housing Inventory

Housing inventory saw significant recovery for the second straight month in June, indicating that the market may be on the road to rebalancing after...

U.S. Economy Added 850K Jobs in June But Unemployment Still at 5.9%

The U.S. economy added about 850,000 jobs in June, however, the unemployment rate was little changed at 5.9%, according to the U.S. Bureau of...

Veros: Expect the Hot Housing Markets to Remain Hot Going into 2022

Veros Real Estate Solutions’ Q2 2021 VeroFORECAST data suggest that home prices will continue to appreciate at high levels during the next 12 months...

Pending Home Sales Jumped 8 Percent in May

Pending home sales surged in May, increasing 8% compared with April and up 13.1% compared with May 2020, according to the National Association of...

Radian HPI Shows Continued Annualized Growth Rate in Home Prices Nationally

According to data from the latest Radian Home Price Index (HPI), U.S. home prices increased at an annualized rate of 11.5 percent in May...

Case-Shiller: Home Prices Continued to March Upward in March

U.S. home prices increased 1.5% on an adjusted basis in March compared with February and were up 13.2% compared with March 2020, according to...

ATTOM: ‘Things Have Gone in the Wrong Direction This Quarter’

ATTOM’s second-quarter 2021 U.S. Home Affordability Report shows that median home prices of single-family homes and condos were less affordable than historical averages in...

Existing-Home Sales Fell For a Fourth Straight Month in May

Existing-home sales dipped 0.9% in May compared with April, mainly due to limited supply and rising home prices, according to the National Association of...

Home Tours, Offers and Pending Sales Show ‘A Clear Slowdown From a Few Weeks...

Although competition continues to drive up home prices, but home tours, offers and pending sales have slowed, according to a new report from Redfin. New...